Call reports 2001
FIRST CORNERSTONE BANK — 2001
What FIRST CORNERSTONE BANK reported to the FFIEC in 2001, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Total assets | 22,397,000 | 24,693,000 | 34,565,000 | 34,455,000 |
| Total loans | 11,375,000 | 14,110,000 | 18,866,000 | 23,368,000 |
| Allowance for loan losses | 190,000 | 232,000 | 300,000 | 371,000 |
| Securities available for sale | 8,572,000 | 6,081,000 | 10,269,000 | 7,790,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 16,003,000 | 18,474,000 | 28,448,000 | 28,881,000 |
| Interest-bearing deposits | 14,606,000 | 17,132,000 | 23,379,000 | 26,431,000 |
| Noninterest-bearing deposits | 1,397,000 | 1,342,000 | 5,069,000 | 2,450,000 |
| Equity capital | 5,964,000 | 5,734,000 | 5,475,000 | 5,226,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Interest income | 378,000 | 835,000 | 1,335,000 | 1,908,000 |
| Interest expense | 197,000 | 441,000 | 747,000 | 1,043,000 |
| Net interest income | 181,000 | 394,000 | 588,000 | 865,000 |
| Noninterest income | 1,000 | 2,000 | 3,000 | 6,000 |
| Noninterest expense | 329,000 | 684,000 | 1,097,000 | 1,520,000 |
| Provision for loan losses | 47,000 | 89,000 | 157,000 | 228,000 |
| Pretax income | -194,000 | -377,000 | -663,000 | -877,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | -194,000 | -377,000 | -663,000 | -877,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Tier 1 capital | 5,838,000 | 5,655,000 | 5,369,000 | 5,155,000 |
| Total capital | 6,005,000 | 5,854,000 | 5,637,000 | 5,469,000 |
| Risk-weighted assets | 13,366,000 | 15,865,000 | 21,432,000 | 25,104,000 |